Commercial Metals appoints Barbara Smith
Commercial Metals appoints Barbara Smith
Commercial Metals Company has appointed Barbara R. Smith as senior vice president and chief financial officer for the company. In this position, Smith will have responsibility for all financial functions of the company.
Prior to joining CMC, Smith was the vice president and chief financial officer for Gerdau Ameristeel in Tampa, Florida. She also served as senior vice president and chief financial officer for FARO Technologies, Inc. in Orlando, Florida. Her career included 24 years’ service with Alcoa Inc. where Smith held a variety of financial leadership positions including vice president of finance for Alcoa’s Aerospace, Automotive and Commercial Transportation Group; vice president and chief financial officer, Alcoa Fujikura Ltd.; and director of internal audit.
Smith was recently elected to the board of directors for Minerals Technology, Inc.
Smith will succeed Bill Larson who has been with CMC for 20 years, the last 12 in the role of CFO.
Choice Environmental acquires Lawson Sanitation
Swisher Hygiene Inc.’s subsidiary Choice Environmental Services will acquire Lawson Sanitation LLC, a Miami-based solid waste services provider. Swisher agreed to pay up to $5.5 million in cash, assume certain liabilities and issue of up to nearly a million common shares of Swisher stock, subject to certain conditions and approval of the Toronto Stock Exchange. Lawson has been in business since 2003 and serves commercial and residential customers in South Florida with a range of waste and recycling services. Lawson has been led by founder John Lawson, Jr., who brings 22 years of experience to the Choice Environmental team.
IESI-BFC Ltd. reports increased revenues
IESI-BFC Ltd. reported financial results for the three months ended March 31, 2011.
Reported revenues increased $158.8 million or 60.1 percent from $264.0 million in the first quarter of 2010 to $422.9 million in the first quarter of 2011 due in large part to our acquisition of Waste Services, Inc.
Organic gross revenue, which includes intercompany revenues, grew 3.9 percent on a consolidated basis and is comprised of total price and volume growth of 3.3 percent and 0.6 percent, respectively. Total price and volume improvements in Canada were 4.2 percent and 0.7 percent, respectively, and 2.6 percent and 0.5 percent in the United States. Each revenue growth component has been prepared on a comparable basis, as if WSI’s operations were combined with ours in the current and previously comparable quarter, and has assumed a foreign currency exchange rate of parity when prepared on a consolidated basis.
Hartford Manganese Attorneys - News
Platinum Group Metals include platinum, palladium, and rhodium, and Minor Metals include molybdenum, tantalum, tungsten, niobium, rhenium, manganese and chrome. Where applicable, all previous year information reported by the company has been adjusted
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